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This news item is part of the weekly top 5 news bulletin (from Week 5, Nov 2022) specially packaged for leaders of Nonprofits, Churches, and Faith-based Social Ventures.

[Web3] Japan joins the list of nations (including the US) testing CBDC

In our web3 news, we look at how Japan is now part of a growing list of countries that have announced the test and trial of CBDC, central bank digital currencies. It was started by China, but eventually now we have lots of nations that are in this process. This is a digital currency that will be released by the governments and taking their currency and converting them into a digital format. So digital rupee, digital dollar, digital yen, etc. The interesting thing about Japan’s announcement is they are also trialing offline transactions which will happen without the internet using CBDC digital yen and they are assessing whether this is something that they will be potentially able to release by 2026, etc.

Here is the full list of the Top 5 News Items from Week 5, November 2022 with source links from WhatsApp, YouTube, Meta, Google, Snapchat, Web3.

🗞️ News 1: WhatsApp Business gets an upgrade; new Find, Message & Buy options 

Source: WhatsApp

🗞️ News 2: YouTube adds an editing tool for Community Posts with filters & stickers

Source: YouTube

🗞️ News 3: Meta announces new protection tools for Teens on Instagram & Facebook

Source: Meta

🗞️ News 4: [Resources] Helpful guides from Google, Snapchat & Pew Research Center

Source: Snapchat | Google | Pew Research Center

🗞️ News 5: [Web3] Japan joins the list of nations (including the US) testing CBDC

Source: CoinTelegraph

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